Category: Business

Aregbesola Lauds Sterling Bank’s Input to Environmental Sustainability

Governor Rauf Aregbesola of Osun State has commended Sterling Bank Plc for its contribution to clean environment through the provision of necessary incentives to checkmate environmental challenges. The Governor, who made the commendation while receiving reflective coveralls donated by the Bank for use by members of the Osun Waste Management Authority (OWMA) in Oshogbo, the…

BEDC Disconnects Edo Civil Society DG’s Residence Over Debt

**Organises protests at BEDC textile mill office As Benin Electricity Distribution Plc. (BEDC) intensifies enforcement on illegal connections and energy theft, it has emerged that among the houses disconnected for bypass of prepaid meter and non-payment of electricity bills was the residence in which Omobude Agho, Director General, Edo State Civil Society has vested interest…

Diamond Bank Partners SME100 To Boost MSMEs’ Capacity

As part of its commitment to building and supporting economic growth and development in the country, Diamond Bank, in partnership with SME100, has rolled out strategic capacity development programmes that would boost the productive strength of Micro, Small and Medium scale Enterprises, MSMEs. The Bank’s Chief Executive Officer, Uzoma Dozie, stated at a networking event…

What Ad Agencies Must Do To Survive In Nigeria—Wale Akintunde

For those in the advertising business in Nigeria, the name Wale Akintunde would not be new to them. In fact, he is an authority in the field and whatever he says is considered the fact. Akintunde is the incumbent treasurer of the Association of Advertising Agencies of Nigeria, AAAN, and also the Chief Operating Officer…

New Twist In Ecobank Vs Honeywell Case As Bank Appeals Justice Dagat’s Ruling

Ecobank Nigeria Limited has appealed a ruling by Justice Jude Dagat of the Federal High Court in Lagos striking out its winding-up petition against Honeywell Group Limited and its sister company Anchorage Leisures Limited. Justice Dagat delivered the ruling on Monday on the basis that Ecobank’s suit was an abuse of court process. But, Ecobank,…

Alleged Debt Suit: Court Orders Parties To Await Judgement Filed In Earlier Suit

Justice Jude Dagat of a Lagos Federal High Court, on Monday, stopped a winding up petition filed by Ecobank Plc, against Oba Otudeko’s three companies, over alleged unpaid N5.5 billion loan. In his ruling, the judge said it would be premature to entertain winding up application against the respondents, saying that when a judge is…